The estimated Net Worth of Gerald Lee Nies is at least $1.25 Milhão dollars as of 23 February 2024. Mr. Nies owns over 22,000 units of Riverview stock worth over $863,835 and over the last 15 years he sold RVSB stock worth over $340,935. In addition, he makes $46,300 as Chairman of the Board of the Company and the Bank at Riverview.
Gerald has made over 21 trades of the Riverview stock since 2010, according to the Form 4 filled with the SEC. Most recently he bought 22,000 units of RVSB stock worth $106,700 on 23 February 2024.
The largest trade he's ever made was buying 105,000 units of Riverview stock on 8 September 2010 worth over $193,200. On average, Gerald trades about 11,619 units every 219 days since 2009. As of 23 February 2024 he still owns at least 190,692 units of Riverview stock.
You can see the complete history of Mr. Nies stock trades at the bottom of the page.
Gerald L. Nies serves as Chairman of the Board of the Company and the Bank of the Company. He is retired after 42 years in the insurance business. He was President and Chief Executive Officer of Nies Insurance Agency from 1985-2011 and then was Executive Vice President after selling the business to Brown & Brown, Inc. Currently, he is the owner of a small investment property management company. He attended Western Washington University and became a Chartered Property Casualty Underwriter. Mr. Nies is a past Board member of the Washington Independent Agents Association and past President of the National Agent Advisory Council for Safeco Insurance. He also served as one of the five Clark County Emergency Medical Services Administrative Board members, elected Council Member for the City of Battle Ground and Fire Chief for the City of Battle Ground. Mr. Nies’ diverse career has afforded him expertise in managing financial and operational aspects of business, as well as customer relations.
As the Chairman of the Board of the Company and the Bank of Riverview, the total compensation of Gerald Nies at Riverview is $46,300. There are 9 executives at Riverview getting paid more, with Kevin Lycklama having the highest compensation of $718,546.
Gerald Nies is 71, he's been the Chairman of the Board of the Company and the Bank of Riverview since 2020. There are 1 older and 16 younger executives at Riverview. The oldest executive at Riverview Bancorp, Inc. is Jerry Olson, 78, who is the Independent Director.
Gerald's mailing address filed with the SEC is 900 WASHINGTON STREET, SUITE 900, VANCOUVER, WA, 98660.
Over the last 21 years, insiders at Riverview have traded over $8,320,604 worth of Riverview stock and bought 881,902 units worth $3,026,066 . The most active insiders traders include David Nierenberg, James M Chadwick, eAdvisors, Llc Ancora. On average, Riverview executives and independent directors trade stock every 37 days with the average trade being worth of $51,837. The most recent stock trade was executed by Robert Benke on 1 August 2024, trading 5,000 units of RVSB stock currently worth $23,100.
riverview bancorp, inc. is the holding company of riverview community bank, a progressive community-oriented financial institution that emphasizes local, personal service throughout southwest washington and the portland metropolitan area. the company provides personal and commercial financial solutions through its network of 17 branches, a professional mortgage broker division, and its trust subsidiary riverview asset management corp. the bank provides numerous deposit services including checking and savings, money market, and certificates of deposit; internet banking, 24-hour customer information line, atms and courier service. the bank offers commercial real estate loans, construction and land development loans, commercial and industrial loans as well as consumer home equity loans and lines of credit. as of october 1, 2009, the bank operated 17 branches and an operations and lending service center. branches include 14 in southwest washington, and 2 in the portland, oregon metro area.
Riverview executives and other stock owners filed with the SEC include: